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Argentina Import Data

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Argentina Import Data

In 2023, Argentina is expected to maintain its position as one of the top importing countries in Latin America. According to recent projections, Argentina's import rank is estimated to be around 42nd globally. This is a significant improvement from its previous ranking of 47th in 2019. The country's strategic location and well-developed trade infrastructure make it an attractive market for foreign goods.
Argentina is estimated to have a population of around 46 million people by 2023.

Argentina’s GDP was estimated at $449 billion USD making it the third-largest economy in South America after Brazil and Colombia. By 2023, it is projected that Argentina’s GDP will continue on its upward trajectory with a predicted value of $540 billion USD.

Argentina imports a wide range of products from various countries worldwide. Some of its top importing products include petroleum and gas, motor vehicles, pharmaceutical products, telecommunications equipment, and electrical machinery.

In 2023, it is expected that the demand for these products will continue to increase as the economy grows. Additionally, there may be a rise in the import of goods such as consumer electronics and medical devices.The top importing partners for Argentina include China, Brazil, United States, Germany, and Mexico. These countries account for a significant portion of Argentina's total imports.

However, with the country's ongoing efforts to diversify its trade relations and reduce dependence on any one market or region, we can expect to see new partnerships emerging in 2023. This presents an opportunity for businesses from different countries to tap into Argentina's growing market.Based on current trends and projections for economic growth in Argentina by 2023, it is safe to assume that there will be increased import activity in various sectors of the economy. This includes industries such as agriculture, energy, transportation equipment

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Argentina Import Customs Trade Data Shows Top 10 Importing Products In 2023 – Analysis By Chapter

  • 15.1% (11.1 billion US dollars) HS CODE: 84 - Parts of nuclear reactors, boilers, machinery, and mechanical appliances
  • 11.1% (8.19 billion US dollars)HS CODE: 87 - Parts and accessories of vehicles other than railway or tramway rolling stock
  • 11% (8.12 billion USdollars)HS CODE: 85 - Various electrical machinery and equipment, sound recorders and reproducers, television image and sound recorders, etc.and parts and accessories of such articles
  • 10.5% (7.76 billion USdollars)HS CODE: 27 - Bituminous substances; mineral waxes; mineral fuels, mineral oils, and products of their distillation
  • 7.77% (5.72 billion USdollars)HS CODE: 12 - Seeds and fruits containing oil; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder
  • 4.64% (3.42 billion USdollars)HS CODE: 29 - Organic chemicals
  • 4.23% (3.12 billion USdollars)HS CODE: 39 - Plastics and other articles
  • 3.52% (2.6 billion USdollars)HS CODE: 30 - Pharmaceutical goods
  • 2.52% (1.86 billion US dollars)HS CODE: 90 - Instruments and apparatus for optical, photographic, cinematographic, measuring, checking, precision, medical or surgical purposes; parts and accessories
  • 2.3% (1.69 billion US dollars)HS CODE: 72 – Steel and Iron

Argentina Import Global Trade Data Shows Top 10
Trading Partners of Argentina

  • With a share of 23% (17.2 billion US dollars) was held by Spain
  • With a share of 19.6% (14.4 billion US dollars), China dominates the market
  • With a share of 11.7% (8.62 billion US dollars), the USA led the way
  • With a share of 5.3% (3.91 billion US dollars), Paraguay takes the lead
  • With A share of 3.77% (2.78 billion US dollars) was held by Germany
  • With a share of 2.45% (1.81 billion US dollars), Italy comes in second
  • With a share of 2.44% (1.79 billion US dollars), Thailand dominates
  • With a share of 2.11% (1.56 billion US dollars) was held by Mexico
  • With a share of 1.94% (1.43 billion US dollars) from India
  • With a share of 1.39 billion US dollars, Vietnam accounts for 1.89%

Argentina Import Data Sample

HOW UTILIZING IMPORT GLOBALS ARGENTINA IMPORT DATA CAN SKYROCKET YOUR BUSINESS SUCCESS

Argentina is a rapidly growing economy, attracting the attention of global businesses looking to expand their reach. With this increase in international trade, it becomes essential for companies to have access to accurate and reliable data on imports. This is where Import Globals Argentina Custom Import Data comes into play.

The data collected by Import Globals is from custom shipping bill documents, which are official records of all imports made into Argentina. These documents contain detailed information about the goods imported, their origin, quantity, value, and other necessary details. As these bills are issued by the customs authority of Argentina, they provide an authentic and accurate account of all imports happening in the country.

The Import Globals Argentina Custom Import Data provides a detailed overview of all the goods that are imported into the country. It includes critical information such as HS code, product description, product value, quantity, importer name, exporter name, origin country, and destination country.

HS Code or Harmonized System Code is an internationally recognized classification system used to identify products for customs purposes. This code allows customs officials to accurately assess duties and taxes on imported goods. The Import Globals Argentina Custom Import Data provides this code for each product listed in its database.

Apart from the HS code, the data also includes a thorough product description that gives insight into the nature of the imported goods. This information can be useful for businesses looking to enter the Argentinian market or those who want to stay updated on their competitors' products.

One of the most critical aspects of any import transaction is knowing its value. The Import Globals Argentina Custom Import Data provides accurate information on the value of each imported product. This can help businesses determine their pricing strategies and make informed decisions when negotiating with suppliers.

Quantity details are another essential aspect included in this custom import data. Knowing how much of a particular product is being imported can give businesses an idea about market demand and potential competition levels. The importer's name listed in this data helps identify which companies are actively importing goods into Argentina. Businesses can use this information to find potential partners or buyers for their products.

Similarly, having access to exporter names can help identify key players in other countries that could potentially become future business partners or competitors.

Knowing both origin and destination countries provide valuable insights into trade patterns between nations. It also helps businesses understand which countries have strong trade relationships with Argentina and can be potential markets for their products.

The Import Globals Argentina Custom Import Data is a valuable resource for businesses looking to import goods into the country. With its comprehensive coverage of critical information such as HS code, product description, value, quantity, importer/exporter names, origin and destination countries; this data can helps businesses expand into the Argentine market but also provides valuable insights into competitor shipments and target markets. With this information at hand, businesses can make well-informed decisions that lead to successful international trade ventures.

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